Paul Young authored a document on real estate in Canada from June 2017. He includes his biography and contact information. The document discusses a recent Bank of Canada interest rate hike and its potential impacts on household budgets already under pressure from stagnant wages and increased taxes. Housing starts in Canada are also summarized for June 2017, along with average housing prices from multiple sources including Stats Canada, BMO, and Scotiabank.

1. REAL ESTATE – CANADA
– JUNE 2017
BY: PAUL YOUNG, CPA, CGA
DATE: JULY 13, 2017

2. PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. BANK OF
CANADA
RATE HIKE
• BMO Economics

4. BANK OF CANADA RATE HIKE
• BMO Economics and http://ca.reuters.com/article/businessNews/idCAKBN1951PT-OCABS or
• Household
budgets are
under pressure
• Wages are
stagnated
• Hikes to CPP
have not
impacted
taxpayers
• Implementatio
n of carbon
taxes full
impact will be
felt in late
2018
• Government
has removed
tax credits

5. HOUSING
STARTS –
CANADA – JUNE
2017
Source – BMO Economics

6. AVERAGE
HOUSING
PRICE
Source -
https://www.theglobeandmail.
com/real-estate/canada-
house-price-data-centre-
june-14/article29697029/

7. AVERAGE
HOUSING
PRICE
Source -
https://www.theglobeandmail.
com/real-estate/canada-
house-price-data-centre-
june-14/article29697029/

8. • Stats Canada, BMO,
Scotiabank
KEY STATS -
HOUSING